Your watch was made by Ingersoll and was made in 1934.
Here is a link for you of one that sold for $1000 against an $800 - $1200 estimate. It is in original packaging:
Here is another link for you to one in used condition that sold for $841.86 against a $700 - $2000 estimate.
And another that sold for $600 against a $300 - $1000 estimate:
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